Virtually Staged. Virtually Staged. Exceptional mixed-use investment opportunity in the heart of the world-famous Tarpon Springs Sponge Docks. Located on highly desirable Athens Street, this income-producing property offers the perfect blend of commercial and short-term rental potential in one of Florida’s most vibrant waterfront destinations. All structural renovations have been complete. Building is fortified and reinforced. The downstairs commercial space is home to an established full bar with a long-term tenant already in place, providing immediate and consistent income. Upstairs features a beautifully versatile residential space ideal for Airbnb or vacation rental use, complete with 2 sleeping areas including a private bedroom and loft, full kitchen, full bathroom, and a layout designed for comfortable coastal living. Photos show potential renovation ideas. Positioned just steps from the marina, restaurants, nightlife, live music, shopping, and the historic Sponge Docks, this property offers strong tourism appeal and exceptional upside for investors seeking cash flow and future growth potential. Rare opportunity to own a prime property in one of Tampa Bay’s most iconic destination locations. (this property is also listed commercially TB8506284)
For sale
Price cut: $45K (7/6)
$1,250,000
531 Athens St, Tarpon Springs, FL 34689
2beds
2,772sqft
Single Family Residence
Built in 1911
4,395 Square Feet Lot
$1,194,900 Zestimate®
$451/sqft
$-- HOA
What's special
Full kitchen
- 64 days |
- 248 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Christina Paolillo 727-458-2482,
CHARLES RUTENBERG REALTY INC 727-538-9200
Source: Stellar MLS,MLS#: TB8506409
Originating MLS: Suncoast Tampa

Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10x10
Dinette
- Level: Second
- Area: 56 Square Feet
- Dimensions: 7x8
Kitchen
- Level: Second
- Area: 140 Square Feet
- Dimensions: 10x14
Living room
- Level: Second
- Area: 252 Square Feet
- Dimensions: 18x14
Heating
- None, Other
Cooling
- Ductless, None
Appliances
- Included: None
- Laundry: Other
Features
- None
- Flooring: Other
- Has fireplace: No
Interior area
- Total structure area: 2,772
- Total interior livable area: 2,772 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
Lot
- Size: 4,395 Square Feet
Details
- Parcel number: 122715412380000020
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: HOPES B
HOA
- Has HOA: No
Location
- Region: Tarpon Springs
Financial & listing details
- Price per square foot: $451/sqft
- Tax assessed value: $385,000
- Annual tax amount: $8,047
- Date on market: 5/7/2026
- Cumulative days on market: 65 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt, Brick
Estimated market value
Zestimate®
$1,194,900
Estimated sales range
$1.14M - $1.25M
Rent Zestimate®
$2,598/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $1,250,000-3.5%$451/sqft |
Source: | ||
| 5/7/2026 | Listed for sale | $1,295,000-0.4%$467/sqft |
Source: | ||
| 6/10/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/24/2025 | Listed for sale | $1,300,000+632.8%$469/sqft |
Source: Owner Report a problem | ||
| 1/11/2023 | Sold | $177,400$64/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/23/2018 | Listing removed | $1,200 |
Source: Owner Report a problem | ||
| 9/20/2018 | Listed for rent | $1,200 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,097 +5.1% | $385,000 +6.9% |
| 2023 | $6,754 +6.4% | $360,000 +9.1% |
| 2022 | $6,349 +7.2% | $330,000 +10% |
| 2021 | $5,921 +7.6% | $300,000 +9.1% |
| 2020 | $5,501 +3.3% | $275,000 +4.2% |
| 2019 | $5,325 | $264,000 +2.3% |
| 2018 | $5,325 +1.3% | $258,000 +1.2% |
| 2017 | $5,258 +4.4% | $255,000 +6.3% |
| 2016 | $5,037 +2.9% | $240,000 +5.3% |
| 2015 | $4,894 +2.7% | $228,000 +3.2% |
| 2014 | $4,764 | $221,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 34689
Nearby schools
GreatSchools rating
- 5/10Tarpon Springs Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Tarpon Springs Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Tarpon Springs High SchoolGrades: PK,9-12Distance: 1.4 mi
- $125,000-- bd2 ba1.4k sqft521 Athens St, Tarpon Springs, FL 34689Off Market
Save - $468,2003 bd1 ba1.1k sqft632 Cross St, Tarpon Springs, FL 34689For Sale
Save 
- $172,600-- bd-- ba-- sqftCross St, Tarpon Springs, FL 34689Off Market
Save - $---- bd2 ba5k sqft508 Athens St, Tarpon Springs, FL 34689Off Market
Save 
- $139,200-- bd1 ba336 sqft630 Cross St, Tarpon Springs, FL 34689Off Market
Save - $---- bd-- ba-- sqft526 Athens St, Tarpon Springs, FL 34689Off Market
Save - $---- bd-- ba-- sqft520 Athens St, Tarpon Springs, FL 34689Off Market
Save - $808,500-- bd3 ba4.6k sqft521 Athens St, Tarpon Springs, FL 34689Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $1,100,0004 bd3 ba2.4k sqft5 Venetian Ct, Tarpon Springs, FL 34689For Sale
Save 
MLS ID #TB8525838, Kim Adams, RE/MAX ELITE REALTY. Stellar MLS - $1,068,0004 bd4 ba3.8k sqft1605 Gulf Rd, Tarpon Springs, FL 34689For Sale
Save 
MLS ID #TB8525355, Bryan Rada, JASON MITCHELL REAL ESTATE FLO. Stellar MLS - $1,395,0003 bd3 ba3.1k sqft1626 Sea Breeze Dr, Tarpon Springs, FL 34689For Sale
Save 
MLS ID #W7884328, Rhea Jeffrey, LLC, INVESTMENT FLORIDA REALTY LLC. Stellar MLS - $1,299,0005 bd4 ba2.7k sqft2271 Keystone Rd, Tarpon Springs, FL 34688For Sale
Save 
MLS ID #TB8516903, Robert Bender, KELLER WILLIAMS TAMPA CENTRAL. Stellar MLS - $625,0003 bd3 ba2.3k sqft1410 Riverside Dr, Tarpon Springs, FL 34689For Sale
Save
MLS ID #W7887403, Judi Pobst, KELLER WILLIAMS REALTY- PALM HARBOR. Stellar MLS - $925,0005 bd3 ba3.2k sqft285 Lakeview Dr, Tarpon Springs, FL 34689For Sale
Save
MLS ID #TB8519274, Heath McCoy, PINEYWOODS REALTY LLC. Stellar MLS - $1,333,0003 bd3 ba2.2k sqft121 Carlyle Dr, Palm Harbor, FL 34683For Sale
Save
MLS ID #TB8521898, Carol Bradshaw, BRADSHAW & BRADSHAW REALTY SER. Stellar MLS - $1,265,0003 bd3 ba3.2k sqft3114 Bluff Blvd, Holiday, FL 34691For Sale
Save
MLS ID #TB8486712, Michael Morton, HOMEFRONT REALTY. Stellar MLS - $1,795,0003 bd3 ba2.4k sqft1620 Sea Breeze Dr, Tarpon Springs, FL 34689For Sale
Save
MLS ID #W7886130, Rhea Jeffrey, LLC, INVESTMENT FLORIDA REALTY LLC. Stellar MLS - $774,9005 bd3 ba2.6k sqft302 Whitcomb Blvd, Tarpon Springs, FL 34689For Sale
Save
MLS ID #TB8449597, Tara Seabrook, BILTMORE GROUP INC. Stellar MLS - $749,9954 bd4 ba3.1k sqft928 Oakview Rd, Tarpon Springs, FL 34689For Sale
Save
MLS ID #TB8461310, Stephen Johnson, MIHARA & ASSOCIATES INC.. Stellar MLS - $799,4003 bd3 ba2.8k sqft2809 Fleeman Rd, Palm Harbor, FL 34683For Sale
Save
MLS ID #TB8527738, Bridget Breland, COASTAL PROPERTIES GROUP INTERNATIONAL. Stellar MLS - $1,250,0003 bd3 ba2.7k sqft3525 Fairview St, Safety Harbor, FL 34695For Sale
Save
MLS ID #TB8512600, Kathryn Scheller, COLDWELL BANKER REALTY. Stellar MLS - $1,350,0003 bd2 ba2.1k sqft135 4th Ave N, Safety Harbor, FL 34695For Sale
Save
MLS ID #TB8528153, Damon Lister, SOUTHERN LIFE REALTY. Stellar MLS - $725,0005 bd3 ba3.1k sqft6706 Waldorf Ct, New Port Richey, FL 34655For Sale
Save
MLS ID #W7887450, Keith Mathias, RE/MAX CHAMPIONS. Stellar MLS - $1,245,0003 bd4 ba2.3k sqft1963 Edgewater Dr, Clearwater, FL 33755For Sale
Save
MLS ID #TB8518112, Jason Patino, LPT REALTY, LLC.. Stellar MLS - $1,125,0004 bd3 ba2.3k sqft1320 Golf View Dr, Belleair, FL 33756For Sale
Save
MLS ID #TB8526699, Martha Thorn, COLDWELL BANKER REALTY. Stellar MLS - $749,0003 bd3 ba2.9k sqft4966 Robin Trl, Palm Harbor, FL 34683For Sale
Save
MLS ID #TB8504253, Katie Ducharme Procissi, KATIE DUCHARME REALTY, LLC. Stellar MLS - $1,300,0003 bd2 ba3k sqft17515 Lakeshore Rd, Lutz, FL 33558For Sale
Save
MLS ID #TB8445007, Linda Ruffini, TOWN CHASE PROPERTIES. Stellar MLS - $1,545,0003 bd2 ba1.6k sqft2288 Edythe Dr, Dunedin, FL 34698For Sale
Save
MLS ID #TB8454277, Beverly Grace, GRACE REALTY & PROPERTY MGMT. Stellar MLS
- Request a tour
as early as today at 4:00 pm
Contact agent
- Florida
- Pinellas County
- Tarpon Springs
- 34689
- 531 Athens St